| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $831M | $823M | $703M | 1.0% | 18.1% |
| Op. Income | $53M | $22M | $17M | 136.5% | 212.8% |
| Gross Margin | 33.2% | 30.9% | 30.7% | 2.3pp | 2.5pp |
| Net Margin | 3.2% | 1.8% | 2.4% | 1.4pp | 0.7pp |
| EPS (Diluted) | $0.34 | $0.19 | $0.22 | 78.9% | 54.5% |
| Free Cash Flow | -$53M | -$4M | -$7M | -1280.3% | -656.3% |
| Item | Amount |
|---|---|
| REVENUE | $831M |
| Cost of Revenue | $555M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $778M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $21M |
| EBIT | $40M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $831M |
| Cost of Revenue | $555M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $223M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $778M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $21M |
| EBIT | $40M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$87.0K |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$115M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $40M |
| FREE CASH FLOW | -$53M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $672M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $999M |
| PP&E (Net) | $885M |
| Goodwill | $94M |
| Intangible Assets | $20M |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $369M |
| Short-Term Debt | $180M |
| Deferred Revenue | $49M |
| Other Current Liabilities | -$80M |
| TOTAL CURRENT LIABILITIES | $757M |
| Long-Term Debt | $887M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$553M |
| TOTAL NON-CURRENT LIABILITIES | $914M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $1.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$48M |
| Treasury Stock | -$538M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
